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The plant Flins for Renault power

Friday Nov 6, 2009

The plant Flins in Yvelines, near Paris, will become the heart of the strategy of Renault electric car, a niche where the group has become the diamond leader. Its CEO, Carlos Ghosn, announced Thursday that the "electric vehicle that will form the heart of our range" will be built in this factory. Marketed in 2012, this model should represent term "nearly two-thirds of sales of vehicles' electrical manufacturer, he said. Named Zoe ZE, it will be of equal size to that of the Clio, which was also released chains Flins. The investment amount was not specified. The state plans to give soft loan of up to 150 million euros.

Renault will launch in 2011 a range of four electric vehicles, whose prototypes were unveiled at the IAA.The group expects a share of this technology in global sales by 10% in 2020. In early October, he said he made the future a small electric car in its range, in 2011, in Valladolid, Spain. This will logically its Twizy ZE Two other cars in the range, the Kangoo ZE (utility vehicle) and Fluence ZE (a family sedan due out in Israel in 2011) respectively should be assembled in the factory French Maubeuge and Turkey.

As expected, the site of Flins also manufacture electric batteries. Renault's Japanese ally Nissan, the Commissariat for Atomic Energy (CEA) and the Strategic Investment Fund (ISF) of the State, on Thursday signed a letter of intent to create a joint venture responsible for advanced research Industrialization and recycling of batteries.The planned production capacity is 100 000 copies per year in 2012. It would reach 250 000 batteries in 2015, according to Christian Estrosi, Minister of Industry.

"The game is open"

The investment of the first phase of the project is estimated at 600 million euros until 2013. The second component includes the development of the second generation of batteries. The ISP will invest 125 million and will own a share "but substantial minority" of all. The ECA will provide Renault 5 million and 125 million. This company aims to supply batteries to all carmakers. "It was a sine qua non for us to invest and be profitable, said Gilles Michel, Executive Director of the ISP in Figaro. Renault will be a major client in the early years, but it will not be alone: the game is opened. "Especially from 2013.It also confirms that Philippe Varin, CEO of PSA Peugeot Citroen. His group already has batteries for its future electric Peugeot iOn (planned for October 2010), provided by GS Yuasa Japanese partner Mitsubishi. But "we think the second generation of models and batteries," says he. To provide with Renault or Bollor? – which opened its plant in Britain – "is exploring options", by Philippe Varin, who has not decided between "manufacture" or "buy" batteries.

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